ROUNDING BOTTOM PATTERN - AXIS BANKStock gives breakout of Rounding Bottom on daily timeframe and price retested the resistance.
Now this stock has the higher chances of moving upwards.
CMP :973
Target : 1040
Stoploss : 947
This is not a buy or sell call, this analysis is shared for educational purpose.
Roundingbottom
DYCLDYCL:- Rounding bottom pattern is formed, if sustain at 225.50 level then you can buy some plans, it can also be a retesting, if cross 248 level you can add more quantity
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Bharat Petroleum, BullishThe stock has been in sustained downtrend since 2021, forming rounding bottom pattern.
The correction in the stock price after dividend payout got extended further upto 298 levels.
There is also small rounding bottom pattern inside the major one along with rising wedge
pattern which is likely to breakout soon. The levels are shown on the chart, for educational
purpose only and are not any trade recommendation.
WABAGWABAG:- Rounding bottom pattern is formed, wait for breakout, till then keep your eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
TV18 : ROUNDING BOTTOM BREAKOUTNSE:TV18BRDCST has broken neckline of rounding bottom . Stop Loss and Target for the same are given.
ARROWGREENARROWGREEN:- Rounding bottom pattern has been made, breakout has also been given, if you want to plan something then do it between 208-222, till then keep your eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
TV18: Rounding BottomNSE:TV18BRDCST has completed a rounding bottom and given a breakout above the neckline. Long trades can only be taken after close of candle above the neckline. There is also a chance that it will form a handle and the pattern can be cup and handle pattern.
VRLLOGTwo things are happening in the stock, the first is the rounding bottom pattern and the second one has taken the rejection from the trendline and VRLLOG:- has gone back to the upside, as soon as the breakout is given, you can make some plans.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Tata motors - weekly CMP 388Rounding bottom + triangle consolidation .
After a huge RB breakout, Stock is in triangle consolidation.
For long, 360-375 looks like a strong demand zone. Can add long positions around these levels or average here.
Targets can be 448-491-547-605.
Always trail your profits in positional trades.
Breakdown of support may lead to test 340-317-280 levels also. Maintain your SL according to your risk appetite.
Undercurrent is bullish.
SIEMENSSIEMENS:- Rounding bottom pattern is formed, wait for breakout, till then keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.